And tomorrow during the Marijuana Millionaire Summit… special guest Doug Casey will reveal how he became a marijuana millionaire with one penny pot stock. And the Casey Research team will also reveal their research on 5 pot stocks set to soar in 2018. If you want to become a marijuana millionaire in 2018… you’re invited to attend. The event is free, but you must reserve your spot.

• That will happen because cryptos are easier to acquire, transport, and store than cash…

They’re even better than credit cards.

Again, that’s because cryptos are decentralized. They’re not tied to a government or central bank. Because of this, you don’t have to pay a conversion fee when you spend bitcoins or any other currency abroad.

You also don’t need a bank account to own cryptos. You just need a smartphone. That’s a huge plus for people living in undeveloped countries.

Cryptos also don’t require third-party approval. The blockchain handles that. This is important because it can sometimes take months to settle a credit card transaction.

Merchants who accept certain cryptocurrencies also pay smaller processing fees than they do for credit cards. They don’t need to buy specialized hardware to process bitcoin transactions, either.

• Once the world figures this out, businesses will start accepting bitcoin in droves…

This mass adoption phase has actually already begun.

You can already use bitcoin to purchase content from Microsoft. Overstock.com, one of the world’s largest online retailers, also accepts bitcoin. The same is true for the real estate company Re/Max and ridesharing company Uber. You can even pay for a brand-new Tesla with bitcoin.

Now, these are some of the biggest companies on the planet. It makes sense for them to adopt this revolutionary technology before mom-and-pop businesses.

But it’s only a matter of time before your local coffee shop follows suit.

But you shouldn’t wait until then to invest in cryptos. By then, it will be too late. The big money will already have been made.

• So, consider speculating on cryptos if you haven’t already…

Just understand that cryptocurrencies are incredibly volatile.

Prices for the large coins like bitcoin and ether can swing 20% or more in a day.

Smaller coins are even more volatile. They can rise more than 100% one day and crash 50% the next.

So, treat them like a speculation. Only invest money you can afford to lose. Use stop losses. And take profits when they come.

Regards,

Justin Spittler
Tulum, Mexico
January 9, 2018

Chart of the Day: Copper’s on the Rise

By Joe Withrow, analyst, Casey Research

A new copper boom is underway…

The iPath Bloomberg Copper Subindex Total Return ETN (JJC), which tracks the price of copper, has spiked 29% since the start of 2017.

You see, copper is the world’s most important industrial metal. It’s critical to the power grid… the construction industry… and even plumbing systems.

But it’s also essential for the booming electric vehicle (EV) market. That’s because EVs require far more copper than traditional vehicles.

Each traditional vehicle contains between 18 and 49 pounds of copper. But a hybrid vehicle requires 132 pounds of copper. And a pure electric vehicle needs 183 pounds of copper to function.

As you can see, demand for copper will skyrocket as the EV market grows. In fact, copper demand for EVs is projected to hit 1.74 million metric tons per year by 2027 – up from only 185,000 metric tons today.

To put that in perspective, total copper demand in the U.S. – the second-largest copper consumer in the world – is only 1.8 million metric tons per year today.

We expect the price of copper – and funds like JJC – to rise along with this demand…

—Joe Withrow

Reader Mailbag

Doug, I'm in total agreement about the stupid WAR on Drugs. I also started investing in the cannabis sector back in 2014. This is one of the best growth sectors in the market and getting bigger every day.

I started with a few hundred dollars and have turned it into $100K, and it's still growing. I bought them cheap, usually pennies, sold half back at 100% profit, and bought the next good-looking ones. I've done well with your three earlier recommendations and am looking forward to your next offerings later this month.

After your OIH recommendation back in the fall I executed positions in OIH, NE, and ESV. After a bit of a bump down here and there, all three are doing well and are into positive territory. I just bought some XOP 2 days ago and confident of the same results for it as the former 3.

Thank you for these recommendations you are providing free of charge in the Daily Dispatch… I do all my own investing without those expensive monthly full-service brokerage fees.

—Zoltan

Have you taken advantage of the opportunities in marijuana and oil today? Let us know how it’s going right here.

In Case You Missed It…

Tomorrow night, Doug Casey will reveal how he became a marijuana millionaire with one penny pot stock.

And the Casey Research team will also reveal their research on five pot stocks set to soar in 2018.